1-bed · 43 sqftVera Residences, Business Bay · 9th floor · completed 2022

903, Vera Residences

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 903 · DLD and Ejari recordsUpdated 24 March 2026
Last soldAED 747K12 February 2018
Current rentAED 70K /yr24 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 903, Vera Residences

What is 903 worth today?

Last sold for AED 747,000 in 2018

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24 Mar 2026RentedNew contract
AED 70,000/yr13 months · AED 135 per sqft
18 Jan 2025RentedRenewal
AED 70,000/yr12 months · AED 135 per sqft
18 Jan 2024RentedNew contract
AED 70,000/yr12 months · AED 135 per sqft
5 Oct 2022RentedNew contract
AED 55,000/yr12 months · AED 106 per sqft
12 Feb 2018Sold by developerOff-plan
AED 747,000AED 1,579 per sqft

Source: Dubai Land Department. Updated 24 March 2026.

Key facts

Type
1-bed apartment
Size
43 sqft
Floor
9th of 28
Parking
B-056
Developer
DAMAC
Completed
2022
Service charge
AED 900 /yr
Last sold
AED 747K · February 2018

About 903, Vera Residences

903 is a one-bedroom apartment of 43 sqft on the 9th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 12 February 2018 for AED 747,000, or AED 1,579 per sqft, in line with the AED 1,567 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 24 March 2026, is AED 70,000 a year: a gross yield of 9.4% on the 2018 price, before the service charge of about AED 900 a year.

Sales and rents for 903 over time

Sales
Unit 903, each saleTypical one-bed in Vera Residences
500K750K1M2018202120242027Typical sale price by year: 2018 AED 753,000; 2019 AED 741,560; 2021 AED 590,000; 2022 AED 829,500; 2023 AED 900,000; 2024 AED 1,072,500; 2025 AED 1,100,000; 2026 AED 1,100,000Sold by developer, February 2018: AED 747,000 (AED 1,579 per sqft)

903 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 903, each contractTypical one-bed in Vera Residences
60K70K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, October 2022: AED 55,000 a yearNew contract, January 2024: AED 70,000 a yearRenewal, January 2025: AED 70,000 a yearNew contract, March 2026: AED 70,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Vera Residences, and where 903 sits

All 293 1-beds →

903 last sold in February 2018 at AED 1,579 per sqft, in line with what one-beds in Vera Residences were fetching at the time (AED 1,567). Over the last 12 months one-beds sold for AED 940,000 to 1,254,000, around AED 2,225 per sqft, and rent for AED 29,219 to 140,000 a year. 903's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 2026940,000
16 Oct 20261,000,000
19 Aug 20261,254,000
18 Aug 20261,141,000
13 1-bed sales in the last 12 months

Vera Residences

Building

522 apartments, studios to 2-bed over 28 floors in Business Bay, completed in 2022 by DAMAC. 25 sold in the last 12 months.

Typical price per sqft
AED 2,097 Down 4.6%
Typical sale
AED 1.2M
Typical rent
AED 82K /yr
Typical yield
6.1%
Vera Residences, Business Bay: prices, sales and rents →

Other units on the 9th floor

All 522 units in Vera Residences
Value
9012-bedAED 1.3M · Jul 2018
9022-bedAED 1.8M · Jan 2025
9042-bedAED 1.42M · May 2022
9052-bedAED 1.2M · Mar 2018
9062-bedAED 1.19M · Feb 2018
9072-bedAED 1.19M · Feb 2018
9082-bedAED 1.17M · Feb 2018
1–7 of 20

903, Vera Residences in numbers

  • Sold once: by DAMAC on 12 February 2018 for AED 747,000, or AED 1,579 per sqft.
  • Rented since October 2022 on 4 Ejari contracts, from AED 55,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2018 price is 9.4%, before a service charge of about AED 900 a year (AED 22.04 per sqft).
  • One-beds in Vera Residences sold for AED 940,000–1,254,000 in the 12 months to November 2026; the building's median across all types is AED 2,097 per sqft.

Source: Dubai Land Department. Updated 24 March 2026.

Questions about 903, Vera Residences

What did unit 903 last sell for?

AED 747,000 on 12 February 2018, sold by the developer: AED 1,579 per sqft for 43 sqft. It is the only registered sale of the unit.

What is the rent for unit 903?

AED 70,000 a year on the contract signed on 24 March 2026. The previous contract, from January 2025, was AED 70,000; the unit has been rented since October 2022.

How big is unit 903?

43 sqft (4.0 sqm): a one-bedroom apartment on the 9th floor of a 28-storey tower completed in 2022.

What is unit 903 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Vera Residences sold for AED 940,000 to 1,254,000 in the last 12 months, around AED 2,225 per sqft.

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Mortgage on 903, Vera Residences

Starts from the last sale price (AED 747K, 12 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 747,000
Deposit, UAE resident (20%)
AED 149,400
Deposit, non-resident (40%)
AED 298,800
Monthly over 25 years at 3.7%
AED 3,056

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →